Hindsight Ventures, the Africa segment of Startup Réseau has launched the Wazo Challenge East Africa as one of its latest programs fixated on tech entrepreneurs in the region.
Headquartered in India, Startup Réseau accelerator has ramped up its East Africa program in recent months. It first began with Wazo Challenge Tanzania in a partnership with Absa Bank. Thus far, Startup Réseau has completed three bootcamps from a portfolio of over 44 tech startups.
Ajay Ramasubramaniam, the CEO and founder of Startup Réseau mentioned their thesis that African problems should be solved by African talent by leveraging technology. He further revealed that Tanzania was the first “beach-head” and they plan to be a “pan-Africa operator.” Wazo Challenge will operate as a flagship annual program with a country and regional version across Eastern Africa. The first edition was held in Tanzania, so the next might either be in Kenya, Uganda, or another country. The annual program will also accommodate participants from the extended Eastern Africa region.
Wazo Challenge East Africa will target entrepreneurs drawn from the 19 UN-designated Eastern Africa countries while requiring participants to fall within the 18 to 30 age bracket. Startups operating under themes of Education, Healthcare, Energy/Utility, Financial Services, and Agriculture are highly encouraged to apply. In addition, the solutions must be highly scalable.
The 12 startups chosen for the 4-week program will access Startup Réseau’s pool of investors, mentors, industry experts, and leading entrepreneurs. Each startup will receive $150,000 in technology credits from programme partners who are IBM, AWS, Hubspot, Digital Ocean, etc. The 12 startups will pitch at the East Africa Corporate Innovation Summit to a global audience of investors and marquee corporates.
You can drop an application before the closing window on 16th September 2021. Apply Now!